Trading was active as the new year
got under way. Framing lumber prices stayed on the upward track that
began in October and continued through the close of 2010. Many buyers
were concerned about getting left behind should prices continue to
advance. Yet caution was noted by both buyers and sellers, as they
assessed the market's staying power in early 2011. In several key
species, trading started the week faster than it finished it.
|
Week
Jan 7
|
Week
Dec 30
|
Year Ago
2010
|
Random Lengths Framing Lumber Composite Price* |
$301
|
$293 |
$251
|
KD Western S-P-F #2&Btr 2x4 R/L
Mill Price |
321
|
308
|
218
|
KD Eastern S-P-F #1&2 2x4 R/L,
delivered Great Lakes |
395
|
385 |
300
|
Green Douglas Fir Std&Btr 2x4 R/L
(Portland) |
272
|
265
|
198
|
Southern Pine (Westside) #2 2x4 R/L |
303
|
290 |
261
|
KD Coast Hem-Fir Std&Btr 2x4 R/L |
300
|
295
|
225
|
Ponderosa Pine (Inland) #2&Btr 1x12
R/L |
575
|
575
|
595
|
*
Weighted average of 15 key items |
Panel market
Structural panel markets kicked into a higher gear. OSB traders
returned to their offices with inventories in need of attention.
Supplies at many retail yards were down to the pavement. Sales of
Southern Pine plywood heated up Tuesday and maintained a strong pace
through the week. Rated sheathing prices climbed rapidly, with many
mills aggressively raising prices once order files reached the week of
January 24. Western Fir plywood sales were stagnant as the week opened,
but built up through Friday.
(f.o.b. mill prices) |
Week
Jan 7
|
Week
Dec 30
|
Year Ago
2010
|
Random Lengths Structural Panel Composite Price* |
$304
|
$289
|
$272
|
Southern (west-east) 15/32-inch 3-ply exterior
sheathing plywood |
285-305
|
|
285-287
|
Southern (west-east) 15/32-inch 4-ply exterior
sheathing plywood |
312-325
|
287-305
|
285-310
|
Western 1/2-inch 4-ply exterior sheathing
plywood |
338
|
334 |
255
|
North Central 7/16-inch Oriented Strand Board |
215
|
200
|
182
|
*Weighted average of
11 key items |
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|